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TOM SAKASHSTAFF NEWSWRITER

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New white papers tackle CU security issues
MADISON, Wis. (2/10/09)--Credit unions can learn how to prepare for a technology audit and how to make a case for hiring a chief security officer in two new white papers sponsored by the CUNA Technology Council. “Preparing for an NCUA Technology Audit: Making Risk Assessment a Full-time Job” outlines the steps and procedures to strengthen information technology (IT) security and to prepare for a technology audit. The paper identifies three areas of growing weakness and common security issues. It then outlines a security inventory process and the basic steps to prepare for an IT audit. Regulatory requirements are included, along with resource links for more information. “Credit Union Security: Making a Case for Hiring a Chief Security Officer” addresses the increases in security threats against financial institutions and the need for credit unions to protect against security breaches. The paper covers security trends at credit unions and the increases in demand for security, explores the guidelines and objectives for making the decision to hire a security office, and provides a selection of articles and resources for further review. For more information, use the links.
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